Real Estate Market Overview
Get to know Philadelphia
Get to know Philadelphia. Whether you're looking to purchase a home, putting yours up for sale or exploring rental options, get up-to-date information about the Philadelphia real estate market, all in one place. Analyze how the market is performing against historical data. Guaranteed Rate helps you explore Philadelphia without having to leave home.
Homes in Philadelphia sold on average for $259,000 compared to $970, the median rent. Unemployment sits at 11.3%. The population of Philadelphia is 1,569,657. The median age of the locals is 34.1.
In the past week, homes in Philadelphia sold on average for $259,000 and spent 88 days on the market. In Philadelphia, the inventory of 2,709 experienced a 7% relisting. The average price per square foot was $192.
As previously noted, the population of Philadelphia is 1,569,657 and the median age is 34.1. Among Philadelphia residents, there is a homeowner vacancy rate of 2.3% and a rental vacancy rate of 7.1% from a total of 679,876 units.
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This website uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Housing market information is provided by Altos Research.